The Reserve Bank of India(RBI) has allowed asset reconstruction companies (ARCs) to acquire financial assets from other ARCs in a bid to accelerate timely resolution of stressed assets. Earlier,ARCs could acquire financial assets from other ARCs only when they had some exposure to the asset that was being bought. However,the transfer of assets by one… Continue reading RBI allows ARCs to buy financial assets from peers
Tag: Asset reconstruction companies
Search Articles
Latest Articles
- 10 PM UPSC Current Affairs Quiz 27 April, 2024
- 9 PM UPSC Current Affairs Articles 27 April, 2024
- Supreme Court Gives Verdict — EVMs are safe
- ISRO’s findings on the growth of glacial lakes in the Indian Himalayas
- Protests at U.S. universities against the war in Gaza a sign of the crisis
- Curative Jurisdiction: Sounding the gavel on curative jurisdiction
- UPSC Prelims Marathon 27th April – Awareness in Field of IT & Space – II – 2024
- [Answered] UPSC Mains Answer writing 26 April, 2024 I Mains Marathon
- 10 PM UPSC Current Affairs Quiz 26 April, 2024
- 9 PM UPSC Current Affairs Articles 26 April, 2024